Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EC approves more than €1 billion from the Fair Transition Plan for Bulgaria

Photo: BGNES

Bulgaria will receive €1.2 billion from the Fair Transition Fund after the European Commission approved Bulgaria's Territorial Just Transition Plans, the Commission's press office said.

The funds will be allocated to the regions of Stara Zagora, Kyustendil and Pernik, which face the greatest socio-economic challenges in phasing out coal and reducing CO2 emissions. 

The government's priority is to ensure that this money reaches the regions as quickly, efficiently and transparently as possible, the cabinet's press office said. The funding will support the transition away from coal-fired power generation, retraining and upskilling, and the creation of new employment opportunities for more than 15,000 workers in the three regions. 

Over the next six years, mining areas will be rehabilitated and transformed into industrial zones and renewable energy sites. The funding will be used to support workers and introduce energy efficiency measures in the homes of energy-poor households. It will be used to build industrial parks and zones, develop renewable energy production and components, and diversify the economy through new businesses. In Stara Zagora, investments in large enterprises will be supported and so far more than 20 companies have expressed preliminary interest.

The programme will help Bulgaria meet the EU's climate and energy targets by 2030 and become a climate neutral economy by 2050.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Orange heat warning Issued nationwide, except for the coast

On Wednesday, minimum temperatures will range between 17°C and 23°C , with Sofia at 17°C. The morning will be mostly sunny, but atmospheric instability is expected to develop in the afternoon. Cumulonimbus clouds will form, leading to brief showers and..

published on 7/22/25 7:05 PM

Bulgarian Patriarch Daniil to lead liturgy in the village of Yahinovo

Bulgarian Patriarch Daniil will lead a patriarchal liturgy in the village of Yahinovo, Dupnitsa municipality, this Saturday, BTA has reported. Locals define the upcoming visit of the head of the Bulgarian Orthodox Church to the church "St. Petka" as a..

published on 7/22/25 5:54 PM

Ahmed Dogan says that DPS has been hijacked, creates a new formation

Ahmed Dogan has announced the upcoming creation of a new political project, which will be "the successor to the historical mission of the DPS - to protect the rights of minorities and every Bulgarian citizen, to participate in real politics, to..

published on 7/22/25 5:34 PM